Recently, the Department of Finance of Guangxi Zhuang Autonomous Region successfully issued a kind of 2-year government bonds with a coupon rate of 2.9% in the OTC market of commercial banks.
It is reported that the bonds were sold to individuals and small and medium-sized institutional investors in order to raise funds for the Three-Year Action Plan for Building Guangxi’s Public Health Prevention, Control and Treatment Capacity. After the bonds were released for sale, the market gave a positive response and investors subscribed for the bonds enthusiastically, which made the bonds sold out within a 3-day distribution period. Among them, individual investors’ subscription accounted for 60.6%. In addition, the Department of Finance of Guangxi Zhuang Autonomous Region successfully issued 6 kinds of government bonds totaling 38.13 billion yuan through the government bond issuance system at the Shenzhen Customer Service Center of China Central Depository & Clearing Co., Ltd. (CCDC).